OBX Real Estate

Outer Banks Beach Named One of Top 10 in the Country

Here is some great news from the Outer Banks Visitors Bureau website. 

Buxton Lifeguarded Beach at Cape Hatteras was named in the Top Ten “Best Beach in America” list for 2009 by respected beach expert Dr. Stephen Leatherman. Known internationally as “Dr. Beach,” Leatherman rated the Outer Banks beach in the Cape Hatteras National Seashore #7 of ten domestic beach destinations including Hanalei Bay, HI; Siesta Beach in Sarasota, FL; Coopers Beach in Southampton, NY; Coronado Beach in San Diego, CA; Hamoa Beach in Maui, HI; Main Beach in East Hampton, NY; Cape Florida State Park in Key Biscayne, FL; Coast Guard Beach at Cape Cod, MA; and Beachwalker Park on Kiawah Island, SC.

“We are so excited about having the beach at Cape Hatteras make Dr. Beach’s list…

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Duck Home with Soundviews

This home is no longer available

Duck has long stood as a wonderful place to live or vacation.  If you have always dreamed of owning a home in Duck, take a look at this beautiful home. 

This beautiful 3 bedrom Osprey Ridge home offers outstanding views of the Currituck Sound.

It does not get any better than life in Duck with views of the Sound.  Get up early and watch the sunrise over the Atlantic then enjoy the sunset from the comfort of your home. 

This home has been reduced over 20%.  The owner is ready to sell.  Come take a look and make an offer.  Request additional information on this beautiful home. 

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Outer Banks Swimming Safety

Monday afternoon two of Corolla's excellent ocean rescue lifegaurds pulled 2 people from the water.  The rescue was reported in the Daily Advance.  It is a great opportunity to realize how important it is to be safe when in the ocean.  The more time you spend around water and particularly the ocean, the more you come to respect its power.  Simple steps and being aware help keep you safe in the water. 

 A particular hazard along the ocean is the possibilityof rip currents.  There is an excellent resource available by the EENA Project, that explains, what is a rip current?  Once you realize what a rip current is, you have the ability to detect them from shore and know what to do if you should be caught in one. 

Simple steps can go a long way to ensuring…

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Outer Banks REO - Bank Owned Home List 6/17

Outer Banks REO - Bank Owned Home List 6/17

Below you will find the current bank owned home list for the Outer Banks.  Bank owned or REO homes are homes that have been through the foreclosure process and are now owned by the bank.  Often these homes can be excellent opportunities.  If you have any questions feel free to contact me. 

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June 10th Outer Banks Foreclosed Homes Report

Outer Banks Foreclosed Homes - Bank Owned Homes

Below are the current bank owned homes in the Outer Banks.  Bank owned homes are homes that the foreclosure process is finished and the home is now owned by the bank.  Many popular areas like Corolla, Duck, Kill Devil Hills, Nags Head, and Rodanthe offer homes that are bank owned.

Foreclosed homes in the Outer Banks can offer tremendous opportunity for the right buyer.  Often bank owned homes will require some sort of upgrading to make it ready to handle rentals or to be lived in.  Bank owned homes in the Outer Banks are something for those looking to invest in the Outer Banks to consider.

Outer Banks Bank Owned Homes - Foreclosed Homes List

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Outer Banks June Events

Here are some great Outer Banks events for June.  There are plenty more than this but this was just some of the highlights.  You will find plenty to do this month in the OBX.  For additional things to do, check out the link below to the June events page for the Outer Banks Visitors Bureau.

• Rogallo Kite Festival - June 13- 14
• Fishing and Crabbing Rodeo - June 13th
• 10th Annual Duck Cup Sailing Regatta - June 13- 14
• 8th Annual Under the Oaks Art Festival - June 24- 25
• Free North Carolina Symphony Concert - June 19

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Outer Banks Homesites Report

Below you will find the sold information for land in the Outer Banks for the first five months of 2009. Prices of homesites ranged from $9,999 for a homesite in Jarvisburg to $400,00 for a canalfront lot in Kitty Hawk. Currently there are 35 oceanfront homesites available on the Outer Bsnks MLS. The prices for those oceanfront lots ranges from $19,500 for a lot in Swan Beach to $2,200,000, MLS #59086 for a homesite in Corolla.

If you would like a home a little further back from the ocean semi-oceanfront homesites in the Outer Banks are currently ranging from $179,000, MLS# 60406. to $1,250,000, MLS# 56370. In the last year the cost of building a home in the Outer Banks has fallen sharply. Material and labor costs are both reduced off their highs of a…

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Real Estate Report Whalehead Club

In the first five months of 2009, January 1 - May 31, we saw 7 homes close on the Outer Banks MLS.  The average sale price in the Whalehead Club was $803,714.  Homes that sold in the Whalehead Club were on the market for an average of 315 days.  The sold homes ranged in price from #375,000 for a 4 bedroom 4 and a half bath home to $1,300,000 for a 9 bedroom 8 full and 2 partial bath oceanfront home.

Currently you will find 87 available homes in the Whalehead Club.  If you would like to compare homes in different communities try the Corolla homes for sale page.  Below is a sold information table.  It includes address, listing price, sold price, % of sold price to listing price and days on the market.  For additional information you can contact me. 

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Duck Real Estate Report June 2009

For the month of May, the Outer Banks MLS saw 7 homes sold.  Six were single family homes and 1 was a co-ownership.  Prices in Duck ranged from $72,500 to $1,500,000.  Two homes in Duck sold for in the million plus range. 

As far as active homes in Duck, we are currently down to 182.  The active listings in Duck are broken down into 9 co-ownerships, 18 condos, 2 townhomes, and 153 single-family homes.  The price of homes in Duck is currently ranging between $349,900 for a 3 bedroom 2 bath home in Sanderling to $7,995,000 for a 10 bedroom oceanfront home in Palmers Island.

If you love life in Duck, then today's market is a great time to be a buyer. 

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Nags Head Real Estate Report

The state of the real estate market in Nags Head is definitely improving.  13 homes sold in the month of May in Nags Head.  The sold homes ranged in price from $72,000 to $1,355,000.  We definitely are starting to see some of the bigger priced homes starting to move.  A sign of an improving market in Nags Head is the fact their are only 8 potential short sales, 56994, 58112, 60006, 59540, 52200, 60021, 61253, 60564, currently active on the Outer Banks MLS.  Another encouraging sign is the fact that we are down to only 4 bank owned homes in Nags Head, 60329, 60741, 60688, 61464. 

Nags Head Sold Stats May 2009

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